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  • Jon East

Interpolitan Money Plc posts record financial year



4 June 2024, London, UK: Leading alternative banking solutions provider Interpolitan Money Plc recorded another successful financial year, with revenue increasing by 49% to £4.88m. 

The global financial services group continues to deliver double-digit organic revenue growth alongside further geographic and technological expansion.  

Interpolitan Money’s performance emerges against increased awareness of alternative banking and a growing demand for tailored account solutions with personalised support. The company’s success is underpinned by its deep understanding of the premium market, outstanding compliance policies and firm grasp of the international financial and wealth sector.   

Interpolitan alternative banking solutions allow high-net-worth private and corporate clients to open multi-currency accounts with virtual IBANs to pay, collect and hold over 50 currencies, plus send and receive funds in more than 150 countries


Global recognition and growth 


Over the last 12 months, Interpolitan Money has been featured in the Fast Growth 50 and FEBE 100 indexes and listed in The Sunday Times Best Places to Work 2024. Meanwhile, the company has doubled the number of people in its global team to provide personalised service to circa 1,000 clients worldwide.  


While growing its commercial and global operations into new regions, Interpolitan has also strengthened its CSR commitment, nominating Caudwell Children and Caudwell Youth as corporate charities. In addition, the firm has launched its Volunteer Days initiative, providing all global team members with two annual days to raise charitable contributions or volunteer in person with an initiative of their choice.  

Rishi Patel, Founder and CEO at Interpolitan Money, comments: “Our financial results demonstrate 12 months of excellent revenue growth. We achieved critical strategic goals, setting new client numbers and transaction records while breaking ground on many parts of our international strategy. This is a testament to the hard work of our team members, whose collective efforts contribute enormously to our values-driven business. Moving forward with our mission in the coming year, we will continue developing our international territories with a 100% group revenue growth target, providing an increasing number of global clients with tailored alternative banking solutions.” 

About Interpolitan Money  


Interpolitan Money Plc is an FCA-regulated electronic money institution (EMI) specialising in alternative banking solutions that help its private and corporate clients expand internationally, invest in foreign markets, buy property and solve global banking challenges. 

 

As an EMI rather than a traditional bank, Interpolitan can open accounts in as few as 7–10 days. The company holds client funds in dedicated safeguarding accounts with tier one banking partners to ensure they’re always protected.  


Interpolitan is part of the LCCI International Trade Advisory Service, providing clarity and offering alternative banking guidance and solutions to advisory service members, community, network and non-members. Our accounts make it easier for international clients to launch ventures in the UK and domestic businesses to expand into new global markets.  


Press enquiries  


For further information, please contact Jon East at jon.east@interpolitanmoney.com.  To keep up with the latest Interpolitan news and updates, follow us on LinkedIn, Instagram and Twitter.   

  

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